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Memito

USDJPY consolidating

Short
U.S. Dollar / Japanese Yen (OANDA:USDJPY)  
Memito  
OANDA:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis
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trendanalysis
We expect the USDJPY to consolidate in the daily chart. We could see a range to take place between the 110 and 108 in the close future.
We will wait for a bearish signal in H4 or H1 if the price reaches the 110 level at the beginning of next week, and will aim the 108 level if so.
If the price goes upper than the 110, we will wait for a consolidation.
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